NOT LISTED FOR SALE

4902 Rain Tree Ln Irvine, CA 92612

University Park and Town Center Neighborhood

Estimated Value: $1,824,000 - $2,235,000

3 Beds
3 Baths
2,333 Sq Ft
$844/Sq Ft Est. Value

Last Sold December 14, 2015

Last sale price $930,000 $399 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $11,301/month

About This Home

One of the nicest homes ever! Set on a quiet cul de sac in Parkside Community of University Park, in the highly acclaimed University High school area. Gorgeous hardwood floors throughout the home (except stairs), huge living room with tall ceilings and marble fireplace, updated kitchen features granite counters, island and lots of cabinets, separate family room with skylights, fireplace & built ins, separate formal dining room has more built ins & pendant lighting, cozy but spacious breakfast nook has built in bench & updated powder room with vessel sink. Upstairs, there are 3 spacious bedrooms plus large open loft with built in bookcases, mirrored wardrobes & upgraded full bath with tub/shower. The oversized master suite has extra alcove (great for office space, retreat or exercise area), romantic fireplace plus gorgeous remodeled bath with granite counters, two sinks, large shower & great cabinetry. Some special features include brand new AC/furnace, fresh custom paint throughout, washer/dryer/fridge included, newer doors & windows, custom front door creating a welcoming entry, 4 fireplaces, light, bright exposure. 2-car garage has plenty of room for extra storage. The private back yard includes brick and slate patios, raised deck, lush landscaping, patio cover and it backs to a quiet, beautiful greenbelt path. Enjoy many community amenities such as tennis court, pool, huge park and barbecue areas located just one block away. This house really feels like HOME!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Dec 1, 2015
Sold by
Farkas Joseph J and Farkas Carolyn K
Bought by
The Li Family Trust
Seller's Agent
Mac Mackenzie
Coldwell Banker Realty
Buyer's Agent
Chas Patterson
Chas Patterson Realty
List Price
$929,989
Sold Price
$930,000
Premium/Discount to List
$11
0.001%
Current Estimated Value
$1,969,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,039,472
Avg. Annual Appreciation
7.58%
Original Mortgage
$558,000
Outstanding Balance
$438,912
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$1,530,560

Purchase Details

Closed on
Jan 14, 2004
Sold by
Farkas Joseph J and Farkas Carolyn K
Bought by
Farkas Joseph J and Farkas Carolyn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2003
Sold by
Farkas Joseph J and Farkas Carolyn
Bought by
Farkas Joseph J and Farkas Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
The Li Family Trust $930,000 Equity Title Orange
Farkas Joseph J -- --
Farkas Joseph J -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Li Family Trust $558,000
Previous Owner Farkas Joseph J $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2019 10/01/19 Rented $3,500 0.0% --
09/21/2019 09/21/19 Off Market $3,500 -- --
09/10/2019 09/10/19 Price Changed $3,500 -7.9% $2 / Sq Ft
09/08/2019 09/08/19 For Rent $3,800 -5.0% --
08/18/2019 08/18/19 Off Market $4,000 -- --
08/09/2019 08/09/19 Price Changed $4,000 0.0% $2 / Sq Ft
08/09/2019 08/09/19 For Rent $4,000 -4.8% --
07/24/2019 07/24/19 Off Market $4,200 -- --
07/22/2019 07/22/19 For Rent $4,200 0.0% --
12/14/2015 12/14/15 Sold $930,000 0.0% $388 / Sq Ft View Prior Sale
10/27/2015 10/27/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $929,989 0.0% $387 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
09/04/2015 09/04/15 Price Changed $929,989 -6.1% $387 / Sq Ft
07/17/2015 07/17/15 Price Changed $989,999 -3.9% $412 / Sq Ft
06/22/2015 06/22/15 Price Changed $1,029,888 -6.4% $429 / Sq Ft
06/01/2015 06/01/15 For Sale $1,099,888 -- $458 / Sq Ft

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,307 $1,100,928 $879,646 $221,282
2024 $11,307 $1,079,342 $862,398 $216,944
2023 $11,016 $1,058,179 $845,488 $212,691
2022 $10,819 $1,037,431 $828,910 $208,521
2021 $10,579 $1,017,090 $812,657 $204,433
2020 $10,519 $1,006,661 $804,324 $202,337
2019 $10,287 $986,923 $788,553 $198,370
2018 $10,107 $967,572 $773,091 $194,481
2017 $9,899 $948,600 $757,932 $190,668
2016 $9,454 $930,000 $743,070 $186,930
2015 $1,771 $171,546 $63,990 $107,556
2014 $1,736 $168,186 $62,736 $105,450
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Claudia Gaston

    RE/MAX

    Section Image
  • Mac Mackenzie

    Seller's Agent in 2015

    Mac Mackenzie

    Coldwell Banker Realty

    (949) 278-2379

    2 in this area

    148 Total Sales

    Mac Mackenzie
    Section Image

  • D

    Seller Co-Listing Agent in 2015

    David Cannon

    Coldwell Banker Realty

    (949) 726-4770

    2 in this area

    144 Total Sales

    David Cannon
    Section Image
  • Chas Patterson

    Buyer's Agent in 2015

    Chas Patterson

    Chas Patterson Realty

    (949) 303-5905

    5 Total Sales

    Chas Patterson
    Section Image
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Map

California Orange County Irvine 92612 University Park and Town Center

4902 Rain Tree Ln, Irvine, CA

Not Listed for Sale

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